Tuesday, June 30, 2020

Equity Corporate Actions Alert #2020 - 118
Information regarding the Holding Company Reorganization & Reverse Split for Office Depot, Inc. (ODP)


  • Industry Announcement

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On March 31, 2020, Office Depot, Inc. (ODP) announced a holding company reorganization. As a result, the common stock will undergo a name and CUSIP number change concurrent with a one-for-ten (1-10) reverse stock split. The symbol will remain unchanged. These actions will be effective on July 1, 2020. The details are as follows:

The details of the name, CUSIP change and reverse split are follows:

Current Company Name: Office Depot, Inc.
New Company Name: The ODP Corporation
Issue Type: Common Stock
Current CUSIP: 676220106
New CUSIP: 88337F105
Symbol: ODP
Ratio of Split: 1-10
Marketplace Effective Date: Wednesday, July 1, 2020

If you would like to register as a market maker in ODP, contact Nasdaq Trading Services at +1 212 231 5100.

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